Notes- KCB is the largest bank (and group) but is less profitable than Barclays which is the most profitable bank
- Equity may be the most profitable bank by next year: Five years ago (2006) they had 1/6 (Kshs 500m) of Barclays profits (Kshs 3 billion), now mid-way into 2010, they are the country's 5th largest in assets, and 3rd in profits - and are about 7X large by both measures compared to five years ago, while KCB is 1.5X larger and Barclays is 0.5X larger than it was in 2006.
- Equity is perceived better in market terms than KCB though its half its size and has the same profits this year.

Changes since last year
- Credit sharing between banks is now being enforced
- Anti-money laundering law now in effect
- The Government of Kenya has set out to raise Kshs 31 billion ($388 million for infrastructure projects; Kenyan banks currently have almost half as much money invested in government securities as they do with loans to customers
- The new constitution passed this month means we will have currency without the face of a president (virtually all existing currency bear the portraits of Kenya's past presidents)
- Equity and several other Kenyan banks have decided to embrace and work with M-Pesa and other mobile money channels instead of fighting them
- Micro-finance institutions (MFI's) are stepping up into the commercial banking sphere

The use of IT and IT solutions to solve Kenya's banking problems will be key in determining the future of any bank in Kenya. The Kenyan client is more keen on hassle free IT oriented solutions than ever before.

The Author of my Tomorrow - a love poem
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The author of my tomorrow
Is a man who knows tomorrow’s news
He’s smart, slick and quick with his tongue
His books tell of a curious mind and he likes his fu...